Tesla (TSLA.O) has awarded CEO Elon Musk 96 million shares, worth approximately $29 billion. This move aims to keep Musk at the helm of the company and allow him to fight off
The Bank of England plans to cut its policy rate to 4% on Thursday, aiming for another rate cut before the end of the year. This decision comes after consumer price inflation
Tesla’s new vehicle sales increased by 27% in Spain in July compared to the same month last year, reaching 702 units. These figures, according to records released by ANFAC, highlight the growth
Global stocks fell sharply on Friday after the U.S. imposed new tariffs on several trading partners. Investors awaited U.s. employment data, while uncertainty persisted as to whether this data would influence the
Intel announced that three of its top executives will be retiring. These are Kaizad Mistry, who heads the company’s manufacturing operations, Ryan Russell, and Gary Patton. These changes are part of new
The strong recovery on Wall Street and the rise of the dollar have not allayed investors’ concerns that US assets may outperform overseas markets. While trade agreements signed by the Trump administration
Amazon’s shares fell 8% in early Friday trading. This was because the growth of the company’s cloud computing unit, AWS, failed to impress investors enough. This is noteworthy when compared to the
The U.S. Court of Appeals is examining former President Donald Trump’s tariff authority on Thursday. A lower court previously ruled that Trump exceeded his authority with broad tariffs on imports. The U.S.
Retail sales in Hong Kong rose 0.7% year-on-year in June, marking the second consecutive month of growth. Total sales reached 30.1 billion Hong Kong dollars (approximately US$3.8 billion). The increase in May
Microsoft is poised to surpass a market capitalization of $4 trillion following strong financial results. The company’s shares rose 8.5% to $557.03 in pre-market trading on Thursday, bringing its valuation to $4.14